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Testimonials
“In Curtis Greco’s new book, you’ll find out why having the right to vote is just the beginning, and why organizations who promote voter education and engagement are so important for preserving the bedrock of what makes America great for generations to come.”
-Chrissy Faessen, Rock the Vote
Category Archives: Poli-Finance
Carried-Interest Acquires Favor
Governor Kasich suggests that “changing the incentives for investment and risk-taking” is akin to socialism while others assail elimination of this special treatment equivalent to a tax-increase which the GOP views as counter to republican orthodoxy.
Typically this tax-advantaged treatment occurs in the case of Fund Managers who receive, in the form of compensation, an equity share in the very fund(s) they manage. These “funds” distribute their gains (to their equity participants/investors) which are normally taxed at Long-Term Capital Gain rates. The Fund Manager’s claim is that since their compensation is in the form of an equity interest their distributed gain should be similarly taxed at the more favorable long-term capital gains rate; so far they’ve successfully defended this position using several scurrilous arguments, the primary one being similar to that offered by Gov. Kasich.
Obama Budget – A 2016 Strategy
True, Mr. Obama is a master at luring the ignorant, only now he’s going up-town with his game and the true reckoning will assure a GOP failure in 2016.
It’s all there in black and white (the Budget); key liberal-fascism in the form of play-to-those-with-their-hands out and watch the Republican leadership (and the country) implode as they chase phantoms.
Pelosi (D-Ca) & Warren (D-Ma): An Expanding Front Setting New Standards of Deception
As if the seemingly ever-decaying standards of decorum aren’t sufficient cause for Americans’ contempt for Congress there is an entirely new front forming lead by Rep. Pelosi (D-Ca) and Sen. Warren (D-Ma). The further loss of control in the House paired with the turn-over in the Senate has unleashed a torrent of excrement by political sloths eager to remain relevant.
Posted in Poli-Finance
Tagged Dodd-Frank Bill, Nancy Pelosi, Omnibus Spending Bill, Senator Warren
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The Problem with Corporate Tax Reform
The ideology of governance has it dead wrong and regardless of the history that proves the error it appears that in an effort to restore a modicum of civic-centered action the GOP is at risk for legislating ignorance, again.
Here are the most critical reasons why the idea fails so proficiently:
(1) Using taxpayer dollars to incentivize an economic activity has never worked (“cash for clunkers”); funding corporate economic activity was once the function of banking and the stock market.
(2) Corporations do not create economic activity; they respond to demand backed by liquidity (capable of payment or trade of some kind).
Division of Democracy; 4 Billion Indicators
Regardless of the 2014 Mid-term outcome(s) it’s high-time we resolve a serious threat to our Democracy. It is estimated that over 4 Billion Dollars will have been spent on the Mid-terms; 4 Billion Dollars and for what? The process as it is amounts to nothing more than an open invitation for predator-like feeding upon the democratic process and an accommodation to the political process of division; the turning of the American People against themselves.